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A California multi-member LLC operating agreement must be in writing and kept in the company’s records. The members use this to govern profit distribution, voting, and dispute resolution procedures. Additionally, it helps protect them from company liabilities.
A California multi-member LLC operating agreement must be in writing and kept in the company’s records. The members use this to govern profit distribution, voting, and dispute resolution procedures. Additionally, it helps protect them from company liabilities.
Download: PDF, MS Word, ODT